INTRO TO BANKRUPTCY LAW:
No one ever plans to experience the kind of financial hardship that
would force them to file bankruptcy. But, the loss of a job, unexpected
medical bills, and/or other financial setbacks cause tens of thousands
of Utahns to file bankruptcy every year. The bankruptcy process can
be confusing and overwhelming. As Salt Lake City bankruptcy
attorneys, at J.D. Milliner & Associates, P.C. we can help you explore
your options and decide whether you need to file bankruptcy in the first
place. If you do need to file bankruptcy, we can then determine whether
you qualify to file a Chapter 7 bankruptcy, which focuses on liquidating
existing non-exempt assets to pay, insofar as possible, your creditors,
or whether you must file a Chapter 13 bankruptcy, under which you
must create a plan of financial reorganization to pay your creditors as
much as you are able over the next 3 to 5 years. Sometimes, even if
you qualify to file under Chapter 7, it may be in your best interest to file
under Chapter 13, or even the less common Chapter 11, anyway so
you can keep more of your current assets and/or receive a more complete discharge from your existing debts. As bankruptcy attorneys in Salt Lake City, Utah, we can help you make that decision as well.
You may be thinking that you should try representing yourself through the bankruptcy process, or perhaps get help from a source other than a qualified Salt Lake City bankruptcy lawyer, but this would be a mistake. The bankruptcy process is very complex and you need someone on your team with the training and experience required to navigate these difficult waters quickly and efficiently, and see you safely to the other side. As bankruptcy attorneys in Salt Lake City, Utah at J.D. Milliner & Associates that’s who we are and what we do. We file and keep track of your case each step of the way, stand between you and your creditors, handle all correspondence with the court, appear by your side at all hearings and provide you with peace of mind knowing that your case is being properly handled so that you will get the fresh start you need to begin building your financial future once again. And, we are usually able to offer our clients competitive flat-rate fees, so they aren’t surprised by any hidden costs.
Call our Salt Lake City bankruptcy attorneys today to begin the process to a brighter financial future!
To learn more about the different types of bankruptcies available, click the links below: